Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,520.36
(
0.02%
)
US TECH 100
29,131.60
(
-0.27%
)
Dow Jones
50,644.28
(
0.36%
)
Brent Oil
93.73
(
1.40%
)
Bitcoin
74,377.66
(
-0.68%
)
News Focus
News Focus
Post# of 30557
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 843
Posts 123029
Boards Moderated 9
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 26794

Wednesday, 11/09/2022 8:25:33 AM

Wednesday, November 09, 2022 8:25:33 AM

Post# of 30557
META lays off 11,000 employees—(13% of_staff):

https://www.wsj.com/articles/facebook-parent-meta-to-cut-11-000-jobs-11667992427

In a message to staff on Wednesday morning, Chief Executive Mark Zuckerberg said the company, the parent of Facebook and Instagram, would cut staff across all of its businesses, with its recruiting and business teams disproportionately affected. The company is also tightening its belt by reducing its office space, moving to desk sharing for some workers, and extending a hiring freeze through the first quarter of 2023.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today